April 30, 2019 - The scion of one of India’s biggest conglomerates was arrested for possessing drugs

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From the Editor's Desk The Dawn of the Reliance Economy Your attention was never the endgame Despite the way we position it, technology is no longer a tool to solve problems; it has been twisted into a tool to grow profits. Capitalism isn't geared to solve problems. If a company truly solved a problem, it would put itself out of business. Instead, the system is geared to keep consumers perpetually in need. For every solution we create, we have to manufacture a new problem. One way we do this is through planned obsolescence: intentionally designing things to have a short lifespan, which drives frequent upgrade cycles. This is the reason Apple releases a new iPhone every year and stops supporting older versions. This is also the reason that the average appliance now lasts about eight years, and why the fashion industry pushes seasonal trends. ,br> But planned obsolescence isn't the most powerful problem a company can generate. The most powerful problem a company can create is the "I can't live without it" problem. If a product replaces a human skill, we become reliant on it, and making us reliant is the ultimate long-term growth strategy. Monopolization isn't just about pushing out the competition. It's about monopolizing human capability. Continued here Read TradeBriefs every day, for the best insight! Advertisers of the day INSEAD: The INSEAD Leadership Programme for Senior Executives - India Wharton Business Analytics Team: Wharton's Business Analytics Program (Online) Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Life The scion of one of India's biggest conglomerates was arrested for possessing drugs Bollywood star Preity Zinta had earlier accused him of molestation,intimidation. Life Italian monuments to porn stars: Indian fake news is now plain absurd The past month has seen many instances of evidently manufactured news.  Life Payments on India's UPI app far exceeds Paytm, Mobikwik This umbrella organisation processes around half of all digital payment requests in India. Life What is this potato that PepsiCo is obsessing over in India? The company has registered many varieties of potatoes. Life Some voting booths in India have an all-female staff and childcare facilities "Pink booths" also have waiting rooms and drinking water. Life The rising stars in Silicon Valley politics Expect Sam Altman, Josh Harder, Marc Benioff, Dustin Moskovitz, and Andrew Yang to reshape the politics of Silicon Valley. Life The IPL cricket tournament already has a winner: Vivo Bowling over India's smartphone buyers. Life Indian Army says it has spotted Yeti's giant footprints in the Himalayas, tweets proof The Yeti footsteps measured 2.6 feet, army personnel say. Life Avengers became the biggest movie franchise in the world by acting like a TV show How the Russo brothers' TV training helped Avengers go from big to huge. Life Journalists could change the way we think about vaccines in one powerful way Painting a different picture. Life If you have a hard time saying "no" to meetings, let software do it for you The next wave of productivity tools will use technology to protect us from ourselves. Life The profound and peculiar sport of competitive air guitar Haters gonna hate—but air guitar is a serious sport. Life Cellphones now outnumber the world's population The world is blanketed in cellphones. Life The H-1B visa has pumped billions of dollars into training Americans It's given US talent over $5 billion so far. Life Married, childless women still face a "motherhood penalty" at work Married women are seen as a "risk"—even if they don't plan to have kids. Work India's Data Localization Remains A Key Challenge For Foreign Companies India is the world's fastest growing major economy as well as the world's largest mobile data consuming nation. This has prompted concern within the Indian government, which has expressed the need to exercise greater control over how the data is acquired, stored and shared. Work For fishermen in this BJP stronghold, pollution is a bigger enemy than Pakistan "Better relations with Pakistan will help the fishermen," one leader says. As will the Modi government stepping up efforts to curb pollution of coastal waters. Work A Chinese ride-hailing company bought billboards in Times Square to complain about faulty Teslas It says that the time lost to repairs has cost it $1 million. Work Why these countries are building new capitals from scratch Indonesia said this week it's considering a new capital city. And it's not the only country doing so. Work Boeing has a puzzling explanation for why a "standalone" warning signal didn't work By definition, a "standalone" feature is able to operate independently. Work Trade war: What you need to know about US-China talks Talks appear to be reaching the final stretch though both sides remain divided on several key issues. Work How tech is bringing Israelis and Palestinians together Young people on either side of a decades-old conflict seldom meet, but tech is building bridges. Work Google owner Alphabet misses sales forecasts Shares in the internet giant tumble nearly 7% after its sales growth falls short of forecasts. Work You Can Now Visit The Iconic Game Of Thrones Locations By Yacht Game of Thrones is such a worldwide phenomenon that fans are visiting its locations in Northern Ireland, Iceland, Spain and Croatia. They can now do it in small ship sailings starting in May. Work Trump sues Deutsche Bank and Capital One over Democrat subpoenas The lawsuit aims to stop Deutsche Bank and Capital One from handing over his records to Congress. Work Dairy Vs Non-Dairy: What's Best For You? the conflicting research on dairy and the overwhelming number of dairy and non-dairy products stocked in grocery aisles are making you addled. Fret not! Here's how you can choose what's best for you, according to nutrition experts. Work TalkTalk service at bottom of Ofcom poll for third year running It's the third year in a row that the broadband provider has come bottom of Ofcom's customer survey. Work Mastercard and Visa agree to cut overseas card fees The European Commission says the deal will lead to "lower prices for European retailers to do business". Work KPMG 'severely reprimanded' over audit The accountancy giant has been "severely reprimanded" for the way it audited an insurance company. Work A supermarket is being piloted which has no tills A supermarket is being piloted in London which has no tills, with customers expected to pay by app. Work Climate change: Electric car target 'needs to be sooner' The government's plan to ban the sale of petrol and diesel cars by 2040 is too tame, its advisers will say. Work Jet Airways' Failure May Be A Harbinger For Incumbent Airlines Elsewhere What's remarkable is not that low-cost carriers in India turned the tables on one-time upstart Jet, but rather how swiftly. Globally, Jet's grounding sounds a warning that incumbent carriers in a number of countries are also vulnerable. Work This Is What New York City Looks Like If You're Colorblind A recently launched photo gallery portrays New York City as seen by people living with different types of color blindness. Check out some of the stunning images from the series here. Work A supermarket is being piloted which has no tills, forcing customers to pay by app. A supermarket is being piloted in London which has no tills, with customers expected to pay by app. Work Huawei: US official warns 'no safe level' of involvement with tech giant Intelligence sharing will be at risk if countries use the firm to build 5G networks, official says. Work Woodstock 50 anniversary festival cancelled, investor says Rapper Jay-Z, singer Miley Cyrus and the Killers band were booked to play at Woodstock 50 in New York. Work Apple defends removing parental control apps Apple says some parental control apps were removed from the App Store because of security concerns. Work Commuting By Car Is Killing You So Cycle Instead, Suggests Massive New Obesity Study Individuals with obesity who commute by car have a 32% higher risk of death compared with those individuals with a normal weight who have active commutes, such as those who cycle, finds new @uk_biobank study presented at @easoobesity conference in Glasgow. Work In Croatia, A Boutique Hotel And An Entire Island Ditch Disposable Plastics With 1000+ islands dotting its translucent Adriatic Sea, Croatia is a magnet for summer vacationers. But tourism goes hand in hand with a growing environmental threat, pollution by plastic waste. To tackle this issue, a boutique hotel and an entire island in Croatia are going plastic-free. Work New Documentary On Korean War And Its Aftermath Debuting On PBS Korea: The Never-Ending War , a new two-hour documentary about the Korean War, will premiere tonight on PBS. TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India Editor's Picks - The dawn of the reliance economy | Restaurants, small retailers under GST evasion scanner | Jio plans Wechat-style Super App | Paytm enables recurring payments | Is Private Equity the New 'Strategic'? | Oyo, Zomato, Swiggy offer over Rs 60 lakh for top recruits | FedEx CIO: It's time to mandate blockchain | Jet Airways staff want to buy the airline.. & more Thanks for supporting independent media, by accepting our ads (upto 2 per day). Still wish to Unsubscribe? For inquiries/concerns, Contact Us The Dawn of the Reliance Economy Your attention was never the endgame Despite the way we position it, technology is no longer a tool to solve problems; it has been twisted into a tool to grow profits. Capitalism isn't geared to solve problems. If a company truly solved a problem, it would put itself out of business. Instead, the system is geared to keep consumers perpetually in need. For every solution we create, we have to manufacture a new problem. One way we do this is through planned obsolescence: intentionally designing things to have a short lifespan, which drives frequent upgrade cycles. This is the reason Apple releases a new iPhone every year and stops supporting older versions. This is also the reason that the average appliance now lasts about eight years, and why the fashion industry pushes seasonal trends. But planned obsolescence isn't the most powerful problem a company can generate. The most powerful problem a company can create is the "I can't live without it" problem. If a product replaces a human skill, we become reliant on it, and making us reliant is the ultimate long-term growth strategy. Monopolization isn't just about pushing out the competition. It's about monopolizing human capability. More here Read TradeBriefs every day, for the top insights! Advertisers of the day Kellogg Executive Education: Kellogg's Senior Management Program | June 2019 | Enroll Now EMERITUS Institute of Management: Postgraduate Diploma in Innovation & Design Thinking program| Accepting Applications Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Get today's top stories here More Retail stories More Telecom stories More Finance stories More FMCG stories More IT stories More Digital stories More Logistics stories More Construction stories More Sports stories More Work stories More Life stories Get today's top stories here You are receiving this mailer as a TradeBriefs subscriber. We fight fake/biased news through human curation & independent editorials. Your support of ads like these (upto 2 per day) makes it possible. If you still wish to unsubscribe, you can unsubscribe from all our emails here Our address is 309 Town Center 1, Andheri Kurla Road, Andheri East, Mumbai 400059 Subscribe to: Posts (Atom) Followers Blog Archive ▼  2019 (931) ►  November (39) ►  October (116) ►  September (121) ►  August (128) ►  July (85) ►  June (79) ►  May (93) ▼  April (78) April 30, 2019 - The scion of one of India’s bigge... Editor's Picks - The dawn of the reliance economy ... (Mumbai) Why Business Leaders Must Attend the "Hum... April 29, 2019 - Who failed Jet Airways’ 20,000 em... Fast and Safe Accounting, Anytime, Anywhere Editor's Picks - New FDI rules had little impact o... Presenting the new Scorpio S9.Loaded with power.Pa... April 28, 2019 - India’s largest carmaker will sto... Trending: Apr 20- Apr 27 : Customer complaints aga... Early Bird Expires April 30th : Why You Must Atten... Editor's Picks - The Anatomy of a Great Decision |... Looking for Equity/Structured funding or M&A for y... 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